Nrevenue regulation 3-98 pdf

View test prep 119057550rr398doc from aaf 94 at oxford university. Amends the coverage of the electronic filing and payment system efps by making it mandatory for large taxpayers and optional for certain identified nonlarge taxpayers to avail of the efps in the filing of their tax returns and the payment of taxes due thereon. In the midst of increases in fuel prices and related transport fares since the start of the year, the release of revenue regulations rr 52011 certainly aggravates the financial difficulty of employee taxpayers. Prescribes the electronic filing of tax returns and payment of taxes. Fernando reposted from business worlds taxwise or otherwise, march 31, 2011. Amending further pertinent provisions of revenue regulations no. A income payments to a citizen or to a resident alien individual. The inclusion of this additional item was described as a. An act amending the national internal revenue code, as amended specifically section 34 h relative to the deductibility of contributions or gifts actually paid or made to accredited donee institutions in computing taxable income.

Republic of the philippines department of finance bureau of internal revenue quezon city march 16, 2011 revenue regulations no. Implements section 33 of the national internal revenue code nirc, as amended by ra no. Amended consolidated revenue regulations on primary registration, updates and cancellation. Fringe benefits which have been paid prior to january 1, 1998 shall not be covered by these regulations. Further amendments to revenue regulations nos 298 and 398, as last amended by revenue regulations nos. Implementing the income tax provisions of republic act no. These regulations govern the collection at source of the tax on fringe benefits which have been furnished, granted or paid by the employer beginning january 1, 1998. Further amendments to revenue regulations nos 2 98 and 3 98, as last amended by revenue regulations nos. The following forms of income shall be subject to final withholding tax at the rates herein specified. Ganer revenue officer assessment division, rr 19davao city. All internal revenue officers and others concerned pursuant to section 244, in relation to section 33 of the national internal revenue code of 1997, these regulations are hereby. Definition of terms for purposes of these regulations, the terms herein enumerated. May 21, 1998 oocities geocities archive geocities mirror. Implementing section 33 of the national internal revenue code, as amended by republic act no.

Moreover, these regulations do not cover those benefits properly forming part of compensation income subject to withholding tax on compensation in accordance with revenue regulations no. All internal revenue officers and others concerned. Bir revenue regulations national tax research center. Revenue regulations rr are issuances signed by the secretary of finance, upon recommendation of the commissioner of internal revenue, that specify, prescribe or define rules and regulations for the effective enforcement of the provisions of the national internal revenue code nirc and related statutes.